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Aegon's New Chairman
Won't Shake Things Up

By

Dan Bilefsky Staff Reporter of The Wall Street Journal

Updated March 7, 2002 12:01 a.m. ET

Shareholders who hope Aegon NV's new American chairman will shake things up might be disappointed.

Donald Shepard, who takes over next month, doesn't plan any big changes in a strategy that has worked on most fronts. The Dutch insurance company has a 10-year-long streak of double-digit earnings growth, and was expected to report on Thursday that net income increased between 12% and 17% in 2001.